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20130228
Search Results 0 to 4 of about 5 (some duplicates have been removed)
the misfortunes of another prominent politician, former congressman jesse jackson jr. of chicago, who is charged with using campaign funds to finance an appetite for expensive jewelry, furs, and other luxury items. we get that story tonight from nbc's national investigative correspondent michael isikoff. >> reporter: the day after former congressman jesse jackson jr. was charged with misusing campaign funds the downfall of the once rising political star has shaken his hometown of chicago. the level of theft on his part i find stunning. you have to learn from your mistakes. that's all. we pray for him. >> reporter: jackson was charged friday with diverting $750,000 in campaign funds for personal benefit including $43,000 for a gold plated rolex, nearly $19,000 for michael jackson memorabilia, $10,000 for bruce lee items, $5100 for fur capes and parkas, and $5,000 for a football signed by u.s. presidents. using campaign contributions for these kinds of personal expenditures is way over the line. you just can't do it. >> reporter: jackson's wife sandra was also charged with income tax evasion in th
. >>> federal prosecutors today filed campaign finance charges against former chicago congressman jesse jackson jr. and his wife sandi. jackson has admitted to using $750,000 in campaign money to buy personal items, including a rolex watch, mink coats, furniture and even a hat once worn by michael jackson. his wife signed a plea agreement, admitting to filing incorrect joint tax returns. jackson apologized for his actions in a statement today. he faces up to five years in prison. >>> valentine's day is a big one for romance, and getting engaged. but if you got a diamond ring this week and it came from costco, you might have been sold a bill of goods. the jeweler, tiffany & company sued costco yesterday for promoting some engagement rings as tiffany diamonds at a discount. but the jeweler says they have never allowed any of their products to be sold at costco. tiffany is seeking damages. no word yet on whether any happy couples are seeking refunds. we're back in a moment with a blast from the past and a major milestone this weekend. ♪ >>> the nbc television newsreel with paul ally, your commen
Search Results 0 to 4 of about 5 (some duplicates have been removed)